Weatherhead's Michael Goldberg weighs in on Kroger's acquisition of Giant Eagle
Media Expert:
Michael Goldberg
Kroger’s Giant Eagle deal expands its market grip but leaves room for locals
Crain's Cleveland Business: Michael Goldberg, professor at Weatherhead School of Management and associate vice president of the Veale Institute for Entrepreneurship, said Kroger's acquisition of Giant Eagle reflects ongoing grocery industry consolidation but still leaves room for strong regional chains. He said Kroger gains a complementary market footprint and greater buying power that could lower costs without necessarily causing store closures or job losses.